Applied Materials

Voices

Applied Materials Expected to Buy Varian Semiconductor

Gina Chon and Anupreeta Das, Reporters, The Wall Street Journal in Voices on May 4, 2011 at 2:40 am PT

Chip-equipment manufacturer Applied Materials Inc. is expected to announce an agreement to acquire Varian Semiconductor Equipment Associates Inc. for about $5 billion in cash, a person familiar with the matter said, betting that the demand for popular gadgets such as smartphones and energy-efficient technology will drive growth at a combined company.

Voices

Applied Materials: The Next Tech Layoffs?

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on November 11, 2009 at 1:55 pm PT

In a development that only Scrooge and the Grinch would find amusing, the tech industry has entered into a fevered period of pre-holiday job cuts.

Voices

AMAT Sees FY Q4 Profit; Revs Up 10-20 Percent Vs. Q3

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on August 11, 2009 at 3:41 pm PT

Applied Materials CFO George Davis told investors on a conference call this afternoon that the company sees 10-20 percent sequential revenue growth for the fiscal fourth quarter ending in October, with EPS ranging from break even to a positive 4 cents.

Voices

Applied Materials: Chip Orders Seen Better; Solar Soft

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on May 11, 2009 at 4:41 pm PT

Applied Materials is likely to provide mixed news when it reports results after the close tomorrow for its fiscal second quarter ended April. The Street is looking for revenue of $904 million and a loss of 10 cents a share; the thinking on the July quarter is $923 million and a loss of 8 cents.

Voices

Applied Materials: Four-Week Austin Shutdown; Earnings Tuesday

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on February 9, 2009 at 9:35 am PT

Applied Materials has notified workers in in Austin, Texas, plant that it will shut down manufacturing operations for four weeks starting June 8, according to the Austin American-Statesman. The newspaper said it believes the company has about 1,750 workers in Austin.

Recession Special Earnings at Applied Materials

John Paczkowski in News on February 2, 2009 at 10:59 am PT

Given this morning’s morbid 2008 sales report from the Semiconductor Industry Association, the fact that chip equipment supplier Applied Materials lowered guidance for its first quarter is hardly surprising. Applied slashed its earnings forecast today, saying it expects sales for Q1 to suffer, thanks to the “deteriorating financial condition” of its customers.

Tech Sector to Release 180,000 Workers Into Wild: The Challenger Release in Its Entirety

John Paczkowski in News on November 14, 2008 at 1:29 pm PT

Stupefying. The year-end total for tech sector job losses in 2008 is expected to reach 180,000, according to Challenger, Gray & Christmas. That’s the largest annual job loss for the sector since 2003, when tech firms sacked some 228,325 employees.

What Color Is Happened to Your Parachute?

John Paczkowski in News on September 23, 2008 at 12:10 am PT

Looking over the latest unemployment figures, Silicon Valley’s technology bust early this decade no longer seems such a distant memory. In another unsettling economic sign, the unemployment rate in Silicon Valley rose for its fourth consecutive month in August to reach a four-year high.